Brazil cenbank aims to bring inflation to target in 2017 -director

Redacción de Reuters

1 MIN. DE LECTURA

BRASILIA, Nov 5 (Reuters) - The Brazilian central bank will do whatever is needed to bring inflation back to the 4.5 percent center of its target in 2017, bank director Altamir Lopes said in a written presentation on Thursday.

It is the first time the bank has given a timeframe for reaching the official target after it dropped its outlook for convergence in late 2016 due to a weaker local currency. (Reporting by Marcela Ayres; Writing by Alonso Soto)